Veedol Corporation Limited — Others, 05-02-2025: Options to purchase securities

Veedol Corporation Limited has announced a board meeting with key decisions taken. The Board approved the financial results for the quarter and nine months ended December 31, 2024, with revenue from operations at ₹385.63 crore and a profit of ₹33.62 crore. An interim dividend of 600% (₹12 per share) was declared, with the record date set for February 13, 2025. Additionally, the Board approved an Employee Stock Option Scheme, subject to shareholder approval via postal ballot, and authorized a short-term loan of up to ₹20 crore to Andrew Yule & Co. Limited. This positive outlook may enhance shareholder returns and incentivize employee performance.